Has Christmas left your pockets more depressed than Eeyore? First Choice, with our Skip A Pay program, has an answer for you – and you can do it today!
First Choice
From really good, to bad, then to better – a First Choice member testimonial
Life gives us a lot of changes. Imagine going from happy at a job, to no job, to bills and debtors…you just need some help. Here is how we helped AJA!
First Choice October 2018 Newsletter
This is the First Choice Federal Credit Union Newsletter for October, 2018. Inside, we talk about our newest addition, FirstChoiceFCUInfo.com, the Kid’s Club picnic and more.
Divorce plus Bankruptcy, then to financial stability – a First Choice member testimonial
Financial stability can be had at any time. Like our member, Thomas, found out, when you surround yourself with the right people, divorce and bankruptcy can be overcome.
Using your credit union to protect your financial wishes with a Payable On Death (POD)
Death is a tough subject to think about. However, with proper planning and with something like a POD (Payable On Death) account, your credit union can help ease your stress.
Are there any other benefits to naming a Payable On Death (POD)?
One of the largest benefits to adding a payable on death (POD) beneficiary to your account with First Choice FCU is that it increases your insurance coverage by $250,000!
What if an account owner adds a POD, and a joint owner adds another?
No Payable On Death (POD) beneficiary is ever over-written. Instead, PODs can be added or removed, and any action needs the signature of all account owners.
Who can assign a Payable On Death (POD) for an account?
At First Choice, Payable On Death (POD) beneficiaries can be named by the account owners themselves. Joint account owners and power of attorneys cannot be named.
Does the Payable On Death (POD) I assign need to be present when named?
Payable on Death (POD) beneficiaries do not need to be present with an account owner when named as beneficiary. They, in fact, never need to know that they are named.
What must I have in order to name someone to my Payable On Death (POD) account?
Basic contact information like the person’s name is needed, plus specific information like their social security number, for a Payable On Death (POD) account.